Foreign Acquisitions and Takeovers Act 1975
79PVariation with consent or without disadvantage
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79P Variation with consent or without disadvantage
(1) The Treasurer may, subject to subsection (3), vary a notice imposing conditions by: (a) revoking a condition; or (b) imposing a new condition; or (c) varying an existing condition; or (d) varying the information specified under section 79H; if the Treasurer is satisfied that the variation is not contrary to national security. (2) The variation may be made on the Treasurer’s own initiative. (3) The Treasurer may vary a notice imposing conditions given to a person by imposing a new condition or varying an existing condition only if: (a) the person consents to the new condition or the variation; or (b) the Treasurer is satisfied that the new condition or variation does not disadvantage the person.